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By Jon Robinson Profits at Rowse Honey were slashed by more than £90m because of the “ongoing challenges in the sector and the broader economic environment”, new documents have revealed. The business, which is headquartered in Wallingford, Oxfordshire, has reported pre-tax profits of £30.5m for the 12 months to March 31, 2023, down from £123.3m in the prior year. Its pre-tax profits stood at £43.2m in the 12 months before that. Its turnover increased slightly from £148.3m to £149.4m during the same period. The company, which can trace its roots back to 1938, was acquired by Vale Foods in March…

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